Group offers 34 fixes to Puerto Rico’s pressing issues
April 14, 2014
A workgroup comprising public and private sector representatives handed Gov. Alejandro García-Padilla a report containing 34 recommendations Sunday to tackle Puerto Rico’s low labor participation rate, brain drain, the aging population and the underground economy.
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CRIM collects $156M from property tax amnesty
April 14, 2014
The Puerto Rico Municipal Revenues Collection Center, or CRIM, announced Sunday it collected $156 million during the 100-day amnesty period that gave tax payers a chance to pay off their property-related debt free of interest, surcharges and penalties.
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Ford Co. drives $1M to Puerto Rico nonprofits in 5 yrs.
April 14, 2014
Ford Motor Company has been a member of Puerto Rico’s consumer culture for decades, putting tens of thousands of vehicles on local roads. But over the past five years, the automaker has also inserted itself into the island’s community in a different way — investing in nonprofits to drive education and prevention programs.
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Treasury extends hours at tax centers, collections offices
April 14, 2014
The Puerto Rico Treasury Department announced Sunday it will be offering extended hours at its nine tax orientation and preparation centers and 18 collections centers islandwide on Monday and Tuesday, thus wrapping up this year’s tax season.
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Volunteers collect 1K pounds of garbage in La Perla area
April 14, 2014
More than 200 volunteers from Starbucks, Agua Sala Ministry, Club Sparta, and other organizations recently collected about 1,000 pounds of garbage from the beach bordering the La Perla community in Old San Juan during the sixth edition of the Jornada Eco Deportiva event.
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Lufthansa Technik to open $57M Aguadilla service center
April 11, 2014
Lufthansa Technik and the Puerto Rico government announced Thursday an agreement to create a new $57 million aviation maintenance, repair and overhaul facility in Puerto Rico, which will service short-haul and medium-haul aircraft.
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Banks join automakers in inaugurating new dealerships
April 11, 2014
Oriental Auto, a division of Oriental Financial Group, and FirstBank made back-to-back announcements this week of their support of the auto industry, partnering with them to open new dealerships this week.
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Homebuilders: End of ‘Mi Casa Propia’ will hurt sector
April 10, 2014
The head of the Homebuilders Association, Roberto Trápaga, warned Wednesday that funds that fuel the successful “Mi Casa Propia,” a government assistance program that provides mortgage assistance to working people with limited resources, are practically tapped out.
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Puerto Rico could reap $500M from recycling cans, bottles
April 10, 2014
Puerto Rico Solid Waste Authority officials said Wednesday that the island is losing out on some $500 million annually on processing recyclable containers — particularly aluminum cans and glass bottles — that end up in landfills.
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Safety Tracker Software LLC expands to Central America
April 10, 2014
Safety Tracker Software LLC, a Puerto Rico based technology start-up specializing in environmental, occupational health and safety software, announced it has expanded operations into the Central America region.
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Walmart receives recognition from Puerto Rico Products
April 10, 2014
The Puerto Rico Products Association recently bestowed its “Local Business Support Award” to Walmart, acknowledging its commitment to promoting local manufacturing and agriculture, thus supporting the island’s socio-economic development, the retailer’s Regional General Manager, Jaime Fernández, said Wednesday.
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YTD revenue collections top $6B, but fall short in March
April 9, 2014
General Fund collections for the month of March totaled $785 million, down 9.7 percent when compared to the $1 billion on record for March 2013.
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Caguas waste transfer station gets $1.1M improvement
April 9, 2014
The municipality of Caguas and Waste Management inaugurated Tuesday the remodeled facilities of the waste transfer station, improved at a cost of $1.1 million in private funding.
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Popular gives clients free ads through new campaign
April 9, 2014
Popular Inc. announced Tuesday a new institutional campaign offering clients who use its Mi Banco services the chance to promote their businesses or entities for free through several outlets, bank officials said.
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‘Pon de Plaza’ service carts 25K passengers in 6 months
April 9, 2014
The “El Pon de Plaza” service offered at shopping center Plaza Las Américas carted its 25,000th passenger Tuesday, six months after the free transportation began in September 2013.
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